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Under contract-accepting backup offers. Welcome to one of the most unique investment opportunities in DeLand! Nestled close to town, schools and shopping is an over 2-acre parcel that offers privacy and seclusion more akin to what you would find in a more rural area. On this lovely parcel there are 5 residential structures with a total of 6 residential units, all of which are currently rented as income properties. These units, which were built between 1936 and 1960 according to the public records, are frame structures of the Florida vernacular style. The units include three single families with 1 bedroom / 1 bath, one single family with 2 bedrooms /1 bath, and one duplex with 1 bedroom / 1 bath on each side. All units are connected to public water and the water supply system from street to all units was replaced in 2021. The units share a common septic system and drain field which was replaced in 2017, with a new septic pump in 2020. One unit received a new roof in 2022. The possibilities of this property are endless. The next owner could continue to operate as a cash-flow investment, possibly even contemplating adding additional units. Or a group of friends could consider purchasing as a one-of-a-kind shared living community/farm. The only limit is one's imagination! *All info to be verified by buyer*
| DAYS ON MARKET | 414 | LAST UPDATED | 11/2/2024 |
|---|---|---|---|
| TRACT | NONE | YEAR BUILT | 1936 |
| COMMUNITY | 32724 - Deland | COUNTY | Volusia |
| STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32724 - Deland |
| EXTERIOR | Lighting |
| INTERIOR | Other |
| LOT | 2.11 acre(s) |
| SEWER | Septic Tank |
| SUBDIVISION | NONE |
| TAXES | 5096.64 |
| UTILITIES | Electricity Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Hailey Graham, GREENE REALTY OF FLORIDA LLC, 386-734-2200
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/23/24 11:00 PM PST.
This IDX solution is (c) Diverse Solutions 2024.